Global Markets

The US Trade Representative has proposed additional duties of 10% or 12.5% on imports from 60 economies, including India, citing their failure to ban goods made with forced labour. India faces the higher 12.5% rate and the move adds a new complication to ongoing India-US trade talks. Read ahead to know more.

US President Trump cut tariffs on farm and industrial equipment from 25% to 15% until the end of 2027, with an additional 10% rate available for equipment using at least 85% US-sourced steel or aluminium.

South Korea has overtaken India to become the world's sixth-largest stock market, with its total market capitalisation surging 86% this year to $5 trillion, driven by a massive rally in AI-linked chipmakers Samsung Electronics and SK Hynix. India's market value has slipped to $4.8 trillion. Read ahead to know more.

India and the UK will hold talks on 2 June over Britain's steel safeguard measures and carbon border adjustment mechanism, which have emerged as sticking points in implementing the bilateral free trade agreement signed in July 2025. India has signalled it may rebalance duty concessions on Scotch whisky if these issues are not resolved. Read ahead to know more.

Anthropic has raised $65 billion in a Series H funding round at a post-money valuation of $965 billion, surpassing rival OpenAI's $852 billion valuation for the first time. The company's run-rate revenue has crossed $47 billion and it is on pace for its first profitable quarter. Read ahead to know more.

Taiwan has overtaken India to become the world's fifth-largest stock market by market capitalisation, powered almost entirely by a 49% rally in chipmaker TSMC amid the global AI boom. India has slipped to sixth place as foreign outflows, high energy costs, and the absence of AI-linked stocks weigh on its markets. Read ahead to know more.

RBI Governor Sanjay Malhotra has said the Indian rupee is not overvalued and may in fact be undervalued following its recent depreciation, as the currency approaches the 100-per-dollar mark amid the ongoing US-Iran war. Read ahead to know more.

Marco Rubio’s India visit sharpened focus on energy security, trade tensions, and defence ties. Indian refiners, LNG firms, and exporters are closely watching possible shifts in US energy supplies and bilateral trade policy.

Capital Group invested over $2 billion in Adani firms while steadily reducing Reliance holdings amid shifting investor confidence trends.

Venezuela has emerged as India's third-largest crude oil supplier in May, overtaking Saudi Arabia and the US, as Indian refiners stepped up purchases of cheaper Venezuelan crude amid ongoing West Asia conflict disruptions. Read ahead to know more.

NSE IX plans to expand its Global Access Platform to 30 overseas markets by FY27, simplifying global investing for Indians.